Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 25-February-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1536.04p    
INCLUDING current year revenue                              1551.12p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1483.26p    
INCLUDING current year revenue                              1498.33p    
The NAV includes a provision for any performance fee applicable.        
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